Abraxas Capital increases 10x leveraged short positions in BTC and ETH, with unrealized losses of $7.94 million in BTC and ETH positions

According to Onchain Lens monitoring, Abraxas Capital continues to increase its short positions in BTC and ETH with 10x leverage. In the BTC position, they are facing an unrealized loss of $5.91 million, and in the ETH position, they are facing a loss of $2.03 million. They also hold a 10x short position in SOL, with an unrealized profit of $1.3 million.